6350 Browder DrTheodoreAL36582
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Theodore at 6350 Browder Dr, Theodore, AL, 36582 uses $85,693 cash to close to unlock $5,341/yr annual cash flow and $445/mo monthly cash flow. Total monthly income runs $1,904/mo, and a $1,265/mo payment keeps the spread at $445/mo. Purchase price stands at $258,500, and rental yield measures 8.84% with $1,904/mo rent. Return on cash invested shows 26.14% in year one, and 5% annual appreciation builds toward $71,419 over five years. Five-year ROI reaches 135.61% and total cumulative return in cash records $116,211. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,904/mo property income covering a $1,265/mo payment rather than investor’s personal income.
Single Family
Built in 1999
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36582, Theodore, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,923 (100%) |
| Owner Occupied HU | 7,176 (65.7%) |
| Renter Occupied HU | 2,760 (25.3%) |
| Vacant Housing Units | 987 ( 9.0%) |
| Median Home Value | $209,041 |
| Average Home Value | $263,197 |
Housing Distribution
Address Breakdown
Residential
10,138
Single Family
9,381
Multi-Family
757
Businesses
692
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